CDP’s forests program asks companies to disclose their exposure to deforestation risks through their use of five agricultural commodities that are responsible for most deforestation (palm oil, soy, biofuels, timber and cattle products).
CDP’s CEO Paul Simpson says: “We applaud the work of UPM who has demonstrated leadership in the steps it has taken to address deforestation risks in its supply chain. Many other companies do not understand their potential exposure to these risks. At CDP, we provide the world’s largest system to enable businesses to disclose and understand these operational, reputational and supply chain risks, while alerting investors to the value implications.”
“UPM's Biofore approach is based on renewables, and that´s why knowing the fibre sources and supply chains is essential for us. The company promotes sustainable forestry wherever it operates. We have increased transparency and verifications step by step, and the work is constant,” says Päivi Salpakivi-Salomaa, Head of Environment and Responsibility, UPM.
Through the renewing of the bio and forest industries, UPM is building a sustainable future across six business areas: UPM Biorefining, UPM Energy, UPM Raflatac, UPM Paper Asia, UPM Paper Europe and North America and UPM Plywood.